Press release
Vision Processing Unit Market Size Share and Trends with Major Famous Vendors: Imagination Technologies, Synopsys, CEVA Inc, Movidius, VeriSilicon Ltd and MediaTek
A research study titled, “Vision Processing Unit Market by application and vertical- global industry analysis and forecast to 2023” published by crystal market research.Competitive Outlook-
The leading players in the market are Imagination Technologies, Synopsys, CEVA Inc, Movidius, VeriSilicon Ltd and MediaTek. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Market Highlights-
The Vision Processing Unit Market was worth USD 51.76 million in 2014 and is expected to reach approximately USD 1160.70 million by 2023, while registering itself at a compound annual growth rate (CAGR) of 41.28% during the forecast period.
Vision Processing Unit (VPU) alludes to a committed processor which delivers high quality of pictures with surrounding light and furthermore diminishes the power usage by arranging for the CPU and GPU space consequently enhancing the general execution of the framework in which it is implemented. The Vision Processing Unit (VPU) market is basically determined by the expanding adoption of machine vision systems crosswise over extensive variety of industry verticals including automotive, manufacturing, electronics, and consumer electronics among others. The introduction of Artificial Intelligence (AI) and machine learning technologies required to program the frameworks is anticipated to help the development of the market.
Vision Processing Unit Market Segmentation
By Application:
Digital Cameras
Wearable Devices
Robots
Smartphones
Autonomous Vehicles
Drones
Medical Devices
By Vertical:
Automotive
Healthcare
Consumer Electronics
Industrial
Others
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Application Outlook
Based on application, the worldwide VPU market has been sectioned into digital cameras, smartphones, wearable devices, automobiles, robots, drones, and medical devices. In 2016, the smartphone portion was the most elevated income generating section. Vision preparing units are progressively being used as a part of smartphones to enhance their photography abilities and increment the usefulness of the cameras which is fuelling the development of the market.
Vertical Outlook
On the basis of end use vertical, the market has been partitioned into automotive, industrial, healthcare, and consumer electronics and others. In 2016, the consumer electronics fragment was the highest income creating portion inferable from the expanded usage of VPUs in electronics, for example, digital cameras, smartphones, drones, wearable devices where low power usage is an essential concern.
Regional Outlook -
North America is expected to witness considerable growth over the forecast period. North America is relied upon to be overwhelming district as for non-invasive blood glucose monitoring devices market because of high predominance of ailment in geriatric population which is 25.2 % in US population according to American Diabetes Association of year 2015.
What Our Report Offer:
1) An extensive research study on the Global Vision Processing Unit Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Vision Processing Unit Market
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Continue…
Major TOC of Vision Processing Unit Market
Part 1. Introduction
Part 2. Executive Summary
Part 3. Market Overview
Part 4. Vision Processing Unit Market, By Application
Part 5. Vision Processing Unit Market, By Vertical
Part 6. Vision Processing Unit Market, By Region
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Crystal Offers One Stop Solution For Market Research, Business Intelligence, And Consulting Services To Help Clients Make More Informed Decisions. It Provides Both Syndicated As Well As Customized Research Studies For Its Customers Spread Across The Globe. The Company Offers Market Intelligence Reports Across A Broad Range Of Industries Including Healthcare, Chemicals & Materials, Technology, Automotive, And Energy.
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